Complaint Review: FIFTH THIRD BANK - kings mountain North Carolina

I agree.

Yes, Ronny, it's an old post, but the truth should never be abandoned.

Where ya been bro? This post is months old..thought thiis was case closed.

Uh..and yeah I would get tired of being wrong..if I was wrong that often.

Did I ever state anywhere that reg CC was not a federal law?

No, I did not..YOU are the one who missed the mark.

But I ask you then, how come some banks list transactions real time, and other play slot machine and transactions seem to come and go and change order at will on the banks statements?

Now once again, I am not debating with you whether or not every specific overdraft is caused by customer error..as it is APPARENT most do. However you get some kind of kick out of the price a customer has to pay for an error, I say the banks are manipulating to help cause fees, and advising debit card users to depend on the online statement to manage the account...and then manipulating the account has to imply more funds are "available" then actually are..otherwise they would not get all those fees by those that have trusted what the bank promoted and actually believed the online statement is a great way to manage the account.

SURE..when the customer calls up yelling and screaming that they can't make heads or tails out of the statement, and often the bank can not (or will not either) at THAT point some banks may tell the customer to only depend on the register and not the banks OWN statement...but the banks are in court right now for such stunts and others that regardless of whose fault the overdraft was, or what was or was not properly or transparently disclosed in the terms agreement...they are in a heap O' trouble for it.

Now when you state this bologna..."Regulation CC... look it up. Regulation CC requires that financial institutions provide customers who have a transaction account with disclosures stating when their funds will be available for withdrawal"

How come some banks do tell the customer when the funds are available..and some don't? I guess the ones that don't are in violation of a federal law??  interesting. I am sure this will end up in court as well sooner or later. Not that it makes me happy, I wish all lawyers would jump in a pit of hot tar...but unfortunately due to scams and ripoffs..they are a necessary evil..

Ronny G, do you ever get tired of being so wrong?

Regulation CC... look it up. Regulation CC requires that financial institutions provide customers who have a transaction account with disclosures stating when their funds will be available for withdrawal.

FEDERAL LAW! FEDERAL LAW! FEDERAL LAW! FEDERAL LAW!

Get the point?

Overdrafters of the world, for the millionth time, you signed this document agreeing to the bank's funds availability policy when you opened the account. You lost. Blame yourselves for your negligence.

I am the law probably meant well...but he tends to lean on the side of the bank and thinks every customer who has a bank issue is a deadbeat.

But don't think that the banks will not be able to take advantage of people anymore. You still have to be on guard 2/4/7 since the days of a bank having their customers best interests at heart..are long gone. We now have to think of the bank as a potential threat to our financial well being..even though we the American taxpayers have somehow become responsible when they fail or can't make their bills.

And even when the Feds step in which is usually a day late and billions of dollars short, they still SUCK. And , just like with regulation CC which was put in place to better protect banking customers checking accounts, they have found a loophole in which to profit off customer naivety, buy clearing fraudulent/bad checks without any effort to verify if it is legit or warn the customer that it could be a counterfeit, and making the funds available very quickly, thusly holding the customer fully responsible for covering any losses due to this, and any fees that result. To add salt to that wound, the customer also subjects themselves to possible fraud  charges..even though they were a victim of a scam..that would not have even been possible without the banks participation.

I basically live by the KISS rule.."keep it simple stupid"..which means I keep enough in the account to cover any autopays...avoid using the antiquated check which is a dinosaur for any reason other then a deposit if i have no other choice, and only when I know for sure the check is from a trustworthy source, and make sure I have in writing that I am opted out of any kind of overdraft coverage on the debit card so nothing the bank manipulates can ever cause them to profit by having me pay 35 bucks for a soda or a hot dog..

Thank you ronny g, because you are 100% correct. I am so glad that the banks will not be able to take advantage of people anymore.

Well at least my current bank. I have chosen to leave my last bank and change since they had zero customer loyalty and too many pitfalls. They would do nothing if the account had a problem whether is was their fault, or a foul merchants fault. And just about every policy they had, was designed with intent to take advantage of error, fraud and unauthorized charges to hold the customer responsible with no recourse other then long drawn out dispute processes, which was basically the bank being the investigator, judge, jury and exhibitioner. Screw that..bye bye Wachovia.

I joined Chase bank recently because I like their current policies better then other banks currently have.

I deposited 2 out of town 3rd party checks a few weeks ago, the teller made SURE and told me twice and made sure I acknowledged, that the checks would clear in one business day..which they did.

What happened to you in this case is basically why regulation CC was put into place. I am glad the bank understood the regulation and made good, as they should tell you when the check will clear. Yes..real banks do this.

No you are incorrect I'm the Law! I spoke with the Branch Manager who GAVE BACK MY MONEY! HE SAID THE TELLER SHOULD HAVE GIVEN ME CREDIT WHEN I ASKED HER AND TOLD ME DO NOT DEAL WITH THE CUSTOMER SERVICE PEOPLE ON THE PHONE. SO YOU ARE 100% WRONG I'M THE LAW, AND YOU GET OVER AND MOVE ON. AND FOR YOUR INFORMATION I HAVE 8 BANK ACCOUNTS AND KNOW HOW TO CHECK MY BALANCE.

You are absolutely 100% wrong.

Banks, by law, must inform the member of their funds availability policies. You signed a document when you opened the account stating that you have read, understand, and agree to all terms of the account, including their funds availability rules. That and considering the myriad of ways you can check your balance (phone, branch, ATM, internet, etc. etc), all I see here is another person that got busted for NOT CHECKING THEIR BALANCE BEFORE THEY SPEND MONEY.

You lost.

Admit it.

Learn from your mistake.

Move on.